Utkarsh Bank files NCLT application for CoreInvest amalgamation

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

UTKARSHBNK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.4%Reaction day

₹14.87

prior close

₹14.88

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.8%-0.6% vs market

Other Bank peers, median of 8sector-0.5%-0.9% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.9 pts less than its Other Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

-0.6

15m

-0.6

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.4-0.8-0.6-0.5-0.9

Next day

-2.3-0.8-1.4-0.8-1.5

-0.5+0.6-1.1+1.6-2.1

-0.5+0.8-1.2+1.7-2.2

+2.9+1.7+1.2+2.3+0.6

+1.6+2.0-0.3+2.8-1.1

+2.4+1.3+1.1+2.1+0.2

15d

-6.5-7.1+0.6-0.2-6.4

-5.6-6.8+1.2-1.2-4.4

-10.8-7.1-3.7-2.8-8.0

-31.4-15.7-15.7-16.5-14.9

UpDownMarket · Nifty Microcap 250Sector · Other Bank peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Utkarsh Small Finance Bank and Utkarsh CoreInvest Limited have jointly filed a scheme of amalgamation application with the NCLT Allahabad Bench on December 26, 2025. The filing seeks directions to convene meetings of equity shareholders and other stakeholders. The merger was first approved by the Board on September 20, 2024, subject to regulatory and other approvals.

Likely market impact

NCLT filing moves CoreInvest merger forward; next step is shareholder and creditor meetings pending NCLT directions and approvals.